IRET's quarterly report on Form 10-Q for the quarter ended July 31, 2010, will be filed with the Securities and Exchange Commission on Thursday, September 9, 2010. The Company will also post on its website that day, and furnish via a Current Report on Form 8-K, an earnings release summarizing the financial and operational results reported in more detail in its Form 10-Q, and providing certain additional supplemental operating and financial data. The complete earnings release, along with the Supplemental Operating and Financial Data package, will also be available directly at the following web page no earlier than 4:30 p.m. ET on Thursday, September 9, 2010:

During the conference call, IRET senior management will discuss the first quarter fiscal 2011 financial and operational results reported in the Form 10-Q and earnings release, and will respond to questions from analysts, investors and the public. The call will be limited to one hour, including questions and answers.

Conference call access information is as follows:

USA Toll Free Number: 1-877-317-6789

International Toll Free Number: 1-412-317-6789

Canada Dial In Toll Free: 1-866-605-3852

A webcast and transcript of the call will be archived on the "Investors/ Presentations & Events" page of IRET's website, http://www.iret.com , for one year. Questions regarding the conference call should be directed to IRET Investor Relations at landerson@iret.com.

Investors Real Estate Trust is a self-advised equity real estate investment trust. Its business consists of owning and operating income-producing multi-family residential and commercial properties located primarily in the upper Midwest states of Minnesota and North Dakota. Investors Real Estate Trust is based in Minot, North Dakota, and has additional offices in Minneapolis, Minnesota and Omaha, Nebraska.